Trina Solar Limited (ADR) (NYSE:TSL) had its buy rating reiterated by analysts at Jefferies Group. The firm currently has a $23.90 price target on the stock, up from their previous price target of $23.70. The analysts wrote, “Trina Solar reported 1Q14 results with NPAT of US$27m and diluted EPS of US$0.37, above our and consensus estimates. Management guided 2Q14 shipments of 950-1,010 MW in 2Q14 and reiterated their full year guidance of 3.6-3.8GW module shipment. The company expects to complete 400-500 MW of downstream PV projects by year-end. We reiterate our Buy rating.” Trina Solar Limited (ADR) (NYSE:TSL) stock performance was -5.38% in last session and finished the day at $12.83. Traded volume was 8,154,226 shares in the last session and the average volume of the stock remained 5.57 million shares. The beta of the stock remained 2.89.
China Ming Yang Wind Power Group Ltd (NYSE:MY), a leading wind turbine manufacturer in China, on May 21, 2014 announced its unaudited financial results for the first quarter ended March 31, 2014. Revenue in the first quarter of 2014 was RMB1,224.0 million (US$196.9 million), which increased by 52.0% comparing to that of 2013. Gross profit in the first quarter of 2014 was RMB192.0 million (US$30.9 million), compared to that of RMB89.7 million in the first quarter of 2013. China Ming Yang Wind Power Group Ltd (NYSE:MY) dropped -15.15%to $3.08 yesterday on volume of 6,322,973 shares. The intra-day range of the stock was $3.05 – 3.48. China Ming Yang Wind Power Group Ltd (NYSE:MY) has a market capitalization of $385.23million.
ITT Educational Services, Inc. (NYSE:ESI), a for-profit college operator, withdrew its full-year forecast and warned of a fall in new enrollment after rising for three straight quarters, adding to the uncertainty surrounding the sector. The company lost a third of its market value after ITT Educational said the fall in new enrollment would continue in the current quarter. ITT Educational Services, Inc. (NYSE:ESI)’s stock on May 22, 2014 reported a decrease of -20.54% to the closing price of $20.50. Its fifty two weeks range is $17.54 – 45.80. The total market capitalization recorded $ 479.09 million. The overall volume in the last trading session was 5,663,573 shares. In its share capital, ITT Educational Services, Inc. (NYSE:ESI) has 23.37 million outstanding shares.
Millennial Media, Inc. (NYSE:MM), the leading independent mobile ad platform company, today announced that company management will present at the Cowen and Company 42nd Annual Technology, Media & Telecom Conference to be held at The Palace Hotel in New York, New York on May 28, 2014 at 8:45am ET. On Thursday, shares Millennial Media, Inc. (NYSE:MM) dropped -6.84% to close the day at $3.95. Company return on investment (ROI) is -4.50% and its monthly performance is recorded as -38.95%. Millennial Media, Inc. (NYSE:MM) quarterly revenue growth is -32.94%.